Publication - Tracking SDG 7: The Energy Progress Report 2024

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Title

Tracking SDG 7: The Energy Progress Report

Publisher

IEA, IRENA, UNSD, World Bank, WHO

Author

IEA, IRENA, UNSD, World Bank, WHO

Published in

June 2024

Abstract

The 2024 edition of Tracking SDG 7: The Energy Progress Report warns that current efforts are not enough to achieve the SDG 7 on time. There has been some progress on specific elements of the SDG 7 agenda – for example, the increased rate of renewables deployment in the power sector – but progress is insufficient to reach the targets set forth in the SDGs.

The latest report confirms that the number of people without access to electricity increased for the first time in over a decade, as population grew—mostly in Sub-Saharan Africa—at a higher rate than that of new electricity connections, leaving 685 million people without electricity in 2022, 10 million more than in 2021. A combination of factors contributed to this including the global energy crisis, inflation, growing debt distress in many low-income countries, and increased geopolitical tensions. However, promising trends in the rollout of decentralised energy solutions, largely based on renewable energy, are helping accelerate progress, particularly in rural areas where eight in ten people without access live today.

Meanwhile, 2.1 billion people still live without access to clean cooking fuels and technologies, with the number remaining largely flat last year. This carries with it huge implications for health, gender equality, and the environment, contributing to 3.2 million premature deaths each year. Renewed political momentum within the context of G7, G20, and new financial commitments made at the Summit on Clean Cooking in Africa are buoying prospects for stronger progress later this decade. Still, efforts remain insufficient to reach universal access to electricity or clean cooking by 2030.

Other parts of the SDG 7 agenda have fared better recently. Renewable energy has seen robust growth over the past two years, and energy efficiency improvements is gradually improving after a drop-off during the pandemic, albeit still not enough to meet the SDG 7 target. New global targets pledged by over 130 countries in the UAE Consensus reinforce the objectives of SDG 7 by aiming to triple renewable generating capacity and double the rate of energy efficiency. Immediate concrete actions are required to fulfil these targets, especially in addressing the large disparity in clean energy investment, of which 80% remains concentrated in just 25 countries in 2022.

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• Climate Change

• Cooking
• Energy Access

• Gender

• Renewable Energy

• Other